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Bridge to Rental Calculator

The BRRRR strategy — Buy, Rehab, Rent, Refinance, Repeat — uses a bridge loan to acquire + rehab, then refinances into a long-term DSCR loan once stabilized. This calculator models the full cycle: bridge cost, stabilized NOI, refi cash-out, and total return.

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Cash left in deal

$27,453

Stabilized monthly cash flow

-$31

Refi DSCR

0.982

Cash-on-cash return on cash left

-1.3%

Cash in before refi

$53,228

Refi cash returned

$25,775

Stabilized NOI

$19,620

New DSCR loan size

$232,500

How the math works

$180K + $55K = $235K all-in. Bridge at 85% LTV = $200K loan + $35K down. Bridge carry $14K + origination $4K = $18K. Cash in before refi: $53K. ARV $310K × 75% = $232.5K refi. After $7K closing + payoff $200K bridge: $25.5K returned. Cash left in: $27.5K.

DSCR at stabilized: $26K NOI / $20K debt service = 1.30 — passes most DSCR loan requirements. Monthly cash flow ~$500. 22% cash-on-cash on cash left in. Strong BRRRR deal by industry standards.

How to Use

  1. Enter purchase price, rehab budget, bridge loan terms, and target rehab months.
  2. Enter stabilized rent and operating cost.
  3. Enter DSCR refi terms: rate, LTV, fees.
  4. See all-in bridge cost, refi cash-out, and return on cash invested.

Frequently Asked Questions

What's the ideal BRRRR cycle?

6-9 month total cycle: 1 month buy, 3-4 months rehab, 1-2 months lease-up and season, 1-2 months refi. Too short = seasoning insufficient. Too long = bridge carry eats profits.

What's DSCR minimum for refi?

1.10-1.25 typical for DSCR loans. Your stabilized NOI ÷ proposed P&I must meet minimum. Calculated at 75-80% LTV; below that, DSCR is stronger.

How much seasoning for refi?

6 months minimum (Fannie/Freddie delayed-financing exceptions exist). 12 months gives access to most lenders. DSCR private lenders sometimes accept 3-6 months. Plan around seasoning before buying.

What's 'cash left in' mean?

Your original cash invested (down + rehab + bridge cost) minus cash returned at refi. If you started with $70K in and refi returns $60K, $10K 'cash left in.' Goal: zero or negative (infinite return) when ARV > (purchase + rehab) / LTV.

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